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Note 7: Earnings Per Share | 3 Months Ended
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Sep. 30, 2014
Notes |
Note 7: Earnings Per Share | Note 7: Earnings Per Share The following table sets forth the computation of basic and diluted earnings per share:
| Three months ended
| September 30,
| 2014 | 2013
(dollars in thousands except for per share data) |  |
Net income | $3,299 | $2,563
Dividend payable on preferred stock | 50 | 50
Net income available to common shareholders | $3,249 | $2,513
Average Common shares – outstanding basic | 3,556,936 | 3,295,043
Stock options under treasury stock method | 97,035 | 94,061
Average Common shares – outstanding diluted | 3,653,971 | 3,389,104
Basic earnings per common share | $0.91 | $0.76
Diluted earnings per common share | $0.89 | $0.74
At September 30, 2014 and 2013, no options outstanding had an exercise price exceeding the market price.

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